The EMI on a ₹1 crore home loan for 10 years at 8.5% a year is ₹1,23,986 a month. You pay ₹48,78,283 as interest, so the total repaid is ₹1,48,78,283.
At 8% the EMI would be ₹1,21,328; at 9% it would be ₹1,26,676. Every 0.5% changes the total interest by about ₹3,22,810 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹6,63,273 | ₹8,24,555 | ₹93,36,727 |
| 2 | ₹7,21,900 | ₹7,65,928 | ₹86,14,826 |
| 3 | ₹7,85,710 | ₹7,02,118 | ₹78,29,116 |
| 4 | ₹8,55,160 | ₹6,32,669 | ₹69,73,957 |
| 5 | ₹9,30,748 | ₹5,57,080 | ₹60,43,209 |
| 6 | ₹10,13,017 | ₹4,74,811 | ₹50,30,192 |
| 7 | ₹11,02,559 | ₹3,85,269 | ₹39,27,633 |
| 8 | ₹12,00,015 | ₹2,87,813 | ₹27,27,617 |
| 9 | ₹13,06,086 | ₹1,81,743 | ₹14,21,532 |
| 10 | ₹14,21,532 | ₹66,297 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.